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GOLDEN SANDS PROPERTY <br />Mr. Challacombe informed the Board that the oceanside <br />portion of the Golden Sands parcel is 17.29 acres. In comparison <br />Round Island is 80 acres, the Tracking Station Park is about 10, <br />Wabasso Beach Park is about 1 and Ambersand is 1.5. All our <br />County Parks on the Beach together total about 95 acres. <br />The Golden Sands property is about 1� miles north of Wabasso <br />Beach. <br />Attorney Brandenburg explained that the acreage figures Mr. <br />Challacombe is using are from the Property Appraiser's Tax Rolls, <br />and they differ from the acreage figures from the surveys because <br />they use different calculations in re figuring to the mean high <br />water line or the dune line.- He stated that this property does <br />have 1,145' frontage and an excellent depth. The Attorney <br />continued -that he and Mr. Offutt negotiated this parcel with Mr. <br />Deprez, who is from Switzerland and represents the various owners <br />of the property. Mr. Deprez has now offered the county a <br />different arrangement than presented in the backup material. He <br />lowered the front foot price on the oceanside to $1,750 a front <br />foot and then indicated his corporations would donate to the <br />county four acres of property on the west side of AlA on either <br />extreme of the parcel indicated as parcel 11. In addition to <br />that, he would give the county a six months' option to buy the <br />remainder of parcel 11, plus an additional six months right of <br />first refusal. The price on this would work out to $2,000,250. <br />Harry Offutt, member of the Beach Acquisition Committee, <br />confirmed that one reason the committee liked the Golden Sands <br />parcel was because of the flexibility of buying either one large <br />parcel or. 1/3 or 2/3. He felt we were very lucky to have a <br />substantial number of good propositions to look at and believed <br />there is still quite a bit of competition out there as far as <br />negotiations are concerned. <br />7 <br />MAY 2 6 1983 <br />